1606 (CBDW) Asset Utilization Ratio (2022 - 2024)
1606 (CBDW) posted quarterly Asset Utilization Ratio of 0.27 for Q4 2024, up 2787.82% YoY from 0.01 in Q1 2024, and up 340.82% sequentially from 0.06 in Q3 2024.
1606 (CBDW) Asset Utilization Ratio (2022 - 2024) Analysis & Trends
1606 has disclosed Asset Utilization Ratio across 3 years of filings, most recently posting 0.27 for Q4 2024.
- In Q4 2024, Asset Utilization Ratio rose 2787.82% year-over-year to 0.27; the TTM figure through Dec 2024 stood at 0.27 (up 2787.82% YoY), while the FY2024 annual figure was 0.09, up 976.68% from the prior year.
- Asset Utilization Ratio improved to 0.27 in Q4 2024, from 0.06 in the prior quarter.
- Over the last five years, Asset Utilization Ratio for CBDW reached as high as 0.58 in Q1 2022 and fell as low as 0.01 in Q4 2023.
- The 3-year median for Asset Utilization Ratio is 0.06 (2024), against an average of 0.13.
- Annual changes were most pronounced in 2023 — Asset Utilization Ratio plunged 94.62% — and 2024, when it surged 2787.82%.
- A 3-year view of Asset Utilization Ratio shows it stood at 0.08 in 2022, then slumped by 88.52% to 0.01 in 2023, then soared by 2787.82% to 0.27 in 2024.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.27, 0.06, and 0.04 for Q4 2024, Q3 2024, and Q2 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Altria | 66.91 Bn | 63.43 Bn | 3.51 Bn | 0.67 |
| 2 | RLX Technology | 2.38 Bn | 1.75 Bn | 73.10 Mn | 0.27 |
| 3 | Turning Point Brands | 1.68 Bn | 1.51 Bn | 68.30 Mn | 0.63 |
| 4 | Universal | 1.30 Bn | 1.29 Bn | 98.47 Mn | 1.01 |
| 5 | Ispire Technology | 65.31 Mn | 47.02 Mn | 1.99 Mn | 1.12 |
| 6 | Rythm | 54.80 Mn | 21.54 Mn | 10.40 Mn | 0.26 |
| 7 | Greenlane Holdings | 9.60 Mn | -28.63 Mn | 217,000.00 | 0.05 |
| 8 | VPR Brands | 4.59 Mn | 1.87 Mn | 138,574.00 | 1.15 |
| 9 | Lftd Partners | 2.96 Mn | 873,406.64 | -1.71 Mn | 2.19 |
| 10 | 1606 | 0.00 | -9,041.00 | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 0.27 |
| Sep 30, 2024 | 0.06 |
| Jun 30, 2024 | 0.04 |
| Mar 31, 2024 | 0.05 |
| Dec 31, 2023 | 0.01 |
| Sep 30, 2023 | 0.01 |
| Jun 30, 2023 | 0.02 |
| Mar 31, 2023 | 0.03 |
| Dec 31, 2022 | 0.08 |
| Sep 30, 2022 | 0.18 |
| Jun 30, 2022 | 0.26 |
| Mar 31, 2022 | 0.58 |